Big Four accounting firms add more than $10bn to their combined value

The Big Four firms have added more than $10bn to their combined value over the past 12 months, APA-Economics reports quoting foreign media.

PwC is the 50th most valuable global brand, jumping 16 places since last year. Its total value has increased significantly to $22.28bn, from $18.5bn in 2017.

Of the big accountancy firms, Deloitte was closest in 59th place, from 77th in 2017. Its total value also rocketed to $20.83bn, from $16.7bn last year. EY was valued at $17.13bn ($13.35bn in 2017), jumping from 98th to 84th, according to the Brand Finance global 500 annual report.

KPMG was 119th with a brand value of $12.47bn, compared to $10.97bn last year.